Sunday 14 February 2016
 
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residential

Dubai sees big demand for new projects ahead of Expo 2020

With Dubai running a series of mega projects, the emirate's property sector is projected to see a ramp up in 2018, thanks to a growing demand for new apartments ahead of Expo 2020, said an expert. The three-year supply pipelin

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Abu Dhabi's residential sector posts solid growth

The residential market in Abu Dhabi continues to outperform other asset classes amidst a moderating economy, according to an industry expert. The average residential rents in the UAE capital grew by four per cent (y-o-y), despite

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GCC nationals may face housing clamp in Bahrain

GCC nationals may be banned from owning residential property in Bahrain due to limited spaces available for Bahrainis. A group of MPs, led by Shaikh Majid Al Majed, is working on new legislation that would stop GCC nationals from getting their

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Danube in residential project sales milestone

UAE-based Danube Properties said it has achieved a major milestone by selling out 85 per cent of the units at its recently-launched Ritz by Danube project due to a game-changing affordable product and customer-centric payment plan.

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Oman to start work on new township by year-end

The Oman government is set to start work on the country's first integrated residential complex by the end of this year, said a report. The estimated billion-dollar venture, which will feature a mix of retail, leisure, commerci

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Retail boom powering Bahrain property market

As GCC markets are forecasted to face prolonged economic challenges over the coming months, Bahrain looks set to be cushioned from the blow by continued infrastructure investment from the GCC aid fund, said a report. Despite negat

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Saudi residential rents on the rise in Q3

The residential market in Saudi Arabia continued to witness growth in the rental sector, while the sales market experienced a slowdown, attributable to the stricter mortgage regulations and lack of affordability, said a report. Ac

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Northern Emirates residential rents stable in Q3

The rental rates in the residential sector across the Northern Emirates remained relatively stable in the third quarter, but the office sector recorded minimal changes for the period, according to leading consultancy PKF. Despite

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Bahrain’s residential property 'showing signs of stability'

Bahrain’s residential property sector continued to show signs of market stability during the third quarter of 2015 with insignificant quarter-on-quarter changes in key performance indicators, said a report. Despite the incre

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Qatar's residential sector buoyant despite low oil prices

The residential sector in Qatar continued to show signs of buoyancy during the third quarter of 2015 despite the falling oil prices, on the back of rapid population growth, increased activity across the non-hydrocarbons sector and a construction

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